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Mar 24, 2013
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when governor jeb bush was in office, he cut taxes on floridians by $20 billion. let's talk about the size of government. when ronald reagan was in the white house, he dramatically reduced the ate rah of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarked for higher state spending and retuesdayed the size -- reduced the size of the state's government payroll by 13,000 people. when ronald reagan did that on the national level, he did it with a purpose in mind. it was to spur the free market, create opportunity and provide incentives for businesses to frau. in his years in office, over 20 million new jobs were created in governor bush's state of florida, his similar philosophy and economic programs created a thriving state economy where 1.4 million new net jobs were added during his time in office. there are other fundamentally important issues where the two men match. stemming the rise of health care, school choice, and as i'm sure we'll hear this morning
when governor jeb bush was in office, he cut taxes on floridians by $20 billion. let's talk about the size of government. when ronald reagan was in the white house, he dramatically reduced the ate rah of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarked for higher state spending and retuesdayed the size -- reduced the size of the state's government payroll by 13,000 people. when...
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piggybacked tax that you pay to the state. it goes to the jurisdiction where you sleep at night not where you earn it so baltimore city the economic generator of the state where billions of dollars are earned in the city but don't sleep in the city the mayor recently outlined plans to tackle the fiscal challenges the report highlighted the deficit is largely driven by growing health care and pension costs we must rebalance the way we compensate our hardworking employees but this report is just a projection of the future it doesn't reflect the current state of the city's budget according to a lead author on the report the city is in the black city is not in a current crisis at the moment the city's budget is balanced for the current year over time the city has built reasonably healthy reserves there are some who question whether this newly released projection is the reason for the proposed budget cuts or if this report was commissioned in order to justify cuts that were already in the works detective robert cherry head of the b
piggybacked tax that you pay to the state. it goes to the jurisdiction where you sleep at night not where you earn it so baltimore city the economic generator of the state where billions of dollars are earned in the city but don't sleep in the city the mayor recently outlined plans to tackle the fiscal challenges the report highlighted the deficit is largely driven by growing health care and pension costs we must rebalance the way we compensate our hardworking employees but this report is just...
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effort he told the baltimore sun which going on here is all a smokescreen they don't know what the tax base is going to look like their consultants asked to come and deliver bad news so that the city can do political posturing furthermore cristela port a former baltimore city recreation and parks director sees the forecast as window dressing to direct attention away from a serious lack of financial oversight so firms that get this work no tax and basis said no a lot of. you know i had nothing to go on so it's different there if you know you're saying to have a firm take four hundred fifty thousand dollars makes a projection over ten years about the fiscal reforms it is and never mentioned in the report the missing is the beginning to audit the agency and that's why in effect i describe it's over for this report was designed to address the financial issues that plague the city but the question now is whether this forecast will lead to positive changes or if it's just politics as usual in baltimore just seen underhill r.t. . well the boy scout motto is to always be prepared but nothing c
effort he told the baltimore sun which going on here is all a smokescreen they don't know what the tax base is going to look like their consultants asked to come and deliver bad news so that the city can do political posturing furthermore cristela port a former baltimore city recreation and parks director sees the forecast as window dressing to direct attention away from a serious lack of financial oversight so firms that get this work no tax and basis said no a lot of. you know i had nothing...
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Mar 1, 2013
03/13
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it's a modest tax incentives. it is to be a remarkable that was upheld, and some of remarkable that there were four people that were hysterical about it being upheld. five accounting ten. >> seek, walter takes the somewhat more seriously than i do. but you have the 2.5% what are the odds that that will ever go up? i rest my case. [laughter] >> that is designed to which there are many people having the court make -- this court is getting more enmeshed in order decisions on the public policy. and that is a policy choice. at some point, if you said if it became so onerous but no one would pay the penalty and you're forced to buy insurance, then you have an argument that you are being coerced out of the inactivity which is maintaining the out insurance coverage and you have a constitutional argument as long as it is a genuine choice. it's perfectly rational to pay the 2.5% for most people 2.5% of their income and a discount for the really rich people you don't have to pay 2.5%. >> a lot more than 2.5%. i don't know wh
it's a modest tax incentives. it is to be a remarkable that was upheld, and some of remarkable that there were four people that were hysterical about it being upheld. five accounting ten. >> seek, walter takes the somewhat more seriously than i do. but you have the 2.5% what are the odds that that will ever go up? i rest my case. [laughter] >> that is designed to which there are many people having the court make -- this court is getting more enmeshed in order decisions on the public...
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eminent domain like you said and we went to the south the bulldozers on her land which she still pays taxes for and we were both charged with trespassing on her own property what's her situation right now she just had a court date and she's going to be showing up at the action on a demonstration on the seventeenth here in d.c. but she just had a court date and you know this. basically was charged with trespassing on her own land. i mean michael if the president just point out the president fast tracked. texas there are every indication other than the rhetorical ones and even those when it comes to keystone x.l. seem to be lacking is that the president's going to approve this of the administration's going to approve this if that happens a how do you think this is going to play out and b. is it possible if they finish building this thing all the way down to texas and then they start refining oil down in texas and and exporting it out of the united states that. as as we you know as we move into renewables as the price of oil changes as people start getting horrified that eventually this may ju
eminent domain like you said and we went to the south the bulldozers on her land which she still pays taxes for and we were both charged with trespassing on her own property what's her situation right now she just had a court date and she's going to be showing up at the action on a demonstration on the seventeenth here in d.c. but she just had a court date and you know this. basically was charged with trespassing on her own land. i mean michael if the president just point out the president fast...
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who was in charge of supervising the screening of applications for tax exempt status in that testimony that official claimed that he had no communication with the white house or senior i.r.s. officials about the targeting of political groups the testimony directly contradicts congressman isis claims that the or that in order to target conservative other political groups that that order came from washington it was isis refusal to release the transcripts in the first place the problem the democrats to go around him and release them to the american public anyway i say has released a statement in response to the release of the testimony transcripts saying in part that now after unsuccessfully trying to convince the american people that are us officials in washington did not play a role in inappropriate scrutiny of tea party groups and declaring on national television that the case i.r.s. targeting was solved the governor should move on this looks like flailing americans who think congress should investigate iris misconduct should be our age by mr cummings efforts to obstruct needed oversig
who was in charge of supervising the screening of applications for tax exempt status in that testimony that official claimed that he had no communication with the white house or senior i.r.s. officials about the targeting of political groups the testimony directly contradicts congressman isis claims that the or that in order to target conservative other political groups that that order came from washington it was isis refusal to release the transcripts in the first place the problem the...
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because they actually haven't fix the roads for up to sixty years in some places so they're piling on taxes in order to pay for all of these past few decades where instead of spending a very small amount to keep the roads maintained during the whole process the queue the costs are massive because they let this whole system go to rot so they have to dig up all the roads and repave them so this is what we have in our financial system education system eco system everywhere you look is like we could have just spent a little tiny bit more and save the system rather than pile everything on to these children so first off since the mid one nine hundred ninety s. american universities have raised their tuition five times as fast as inflation that's enormous that's an incredible rise and it puts the entire generation into debt and they end up doing jobs like being drone operators that pay a lot of money to pay off the student debt by killing students in other countries that's how those other students of the countries end up having not to pay their student loans is that american students drone them th
because they actually haven't fix the roads for up to sixty years in some places so they're piling on taxes in order to pay for all of these past few decades where instead of spending a very small amount to keep the roads maintained during the whole process the queue the costs are massive because they let this whole system go to rot so they have to dig up all the roads and repave them so this is what we have in our financial system education system eco system everywhere you look is like we...
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Dec 8, 2013
12/13
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[laughter] we are going to have to raise taxes. we are going to have to raise taxes. now in your proposal -- the book looks at this in some detail. just if people the sense how you think this should be done and made politically power double. >> first you have to recognize that where the taxes are headed without doing anything and what percentage of gdp are we headed to on that basis and that is above the historical tax levels of gdp. a seconsecond i think you have o recognize as to what would end up happening if we didn't end up making reforms sooner or later how high the taxes might have to go in order to stop. in the book we talk about how they would have to double between 2030 to 2040. double. the other thing is you have to recognize political reality. in my view the longer we wait to try to repost the budgetary controls we form the insurance contract and prioritize the constrained spending. the higher the taxes are going to go for three reasons. one, the miracle of compounding. number two, demographics. more people are going to be in n franchise than the existing
[laughter] we are going to have to raise taxes. we are going to have to raise taxes. now in your proposal -- the book looks at this in some detail. just if people the sense how you think this should be done and made politically power double. >> first you have to recognize that where the taxes are headed without doing anything and what percentage of gdp are we headed to on that basis and that is above the historical tax levels of gdp. a seconsecond i think you have o recognize as to what...
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Oct 26, 2013
10/13
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a tax-free tran action. the excuse that -- i agree 100% on that. there's a separate problem about what do you do about your children practices law in various law firms. and i think the justices have come to an understanding about that and they have a policy on it. and i continue think -- ic everybody is comfortable. there are so many of them that have so many different relatives around. it seems to be work well. >> and another one 1974, which knead -- which eliminated the old rule which was in order to recuse you had to have a substantial financial interest. now it's even one share forces a recuse l. that's seems to be problematic. would be wonderful if they can divest. i agree with the judge starr entirely about that. but i think congress also bears some responsibility for this. there's a real cost not just in term what judge starr talks about when a justice ends up recusing you don't have a full compliment hearing the case. it's also it's the fact that these recusal -- big sophisticates law firm and entity will fight to try goat one justice or an
a tax-free tran action. the excuse that -- i agree 100% on that. there's a separate problem about what do you do about your children practices law in various law firms. and i think the justices have come to an understanding about that and they have a policy on it. and i continue think -- ic everybody is comfortable. there are so many of them that have so many different relatives around. it seems to be work well. >> and another one 1974, which knead -- which eliminated the old rule which...
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dollars or what's taxed that's the simplest way to. no income tax if you're paid in a. you're paid. breath. now that's just an exchange. a commodity for the use of my time my skill. level and the rough child and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and the fella reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellite and drones flying over us we've got our military now to to extend them out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine. there was a while they lose one of us and they don't really like to lose us but. it's all collateral damage. you know. the people here believe very strongly in peace for pacifists we are anti war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see guns scattered across the field there's a play
dollars or what's taxed that's the simplest way to. no income tax if you're paid in a. you're paid. breath. now that's just an exchange. a commodity for the use of my time my skill. level and the rough child and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and the fella reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellite and drones flying over...
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that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred forty. in stockholm reportedly their system is a little freer market work taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some who couldn't even drive to my address because of the limits of their permits and rules governing them i hopped into a couple cabs to explore our own cities silly regulations and one market antidote we possibly found them. taxi. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of them you notice when you're driving cabs to the dad that is. too dangerous unsafe and on top o
that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred forty. in stockholm reportedly their system is a little freer market work taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some who couldn't...
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taxing. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of them you notice when you're driving cabs to the dad to this. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the road to where they can pick up to what they can charge the mid think fair. because prices don't ever go out but if it is a sit in and making it difficult to rack up those fares and serve customers are the cabs city limits. so we just arrived at reagan airport which is just right outside of washington d.c. and nasir a cab driver was nice enough to drop us off here only he can't get a return fare back now to leave and go all the way back to d.c. without anybody in his cab simply because of the regulations. that requires another
taxing. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost for you. like nasser he or she can offer up a reason when and why cabs become scarce of them you notice when you're driving cabs to the dad to this. too dangerous unsafe and on top of that the business is controlled by a commission that decides everything from how many cabs are on the...
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they're taking away your taxes. might as well as. >> someone else should pay for all your stuff. >> exactly. i mean, who else? forty going to do, work? john: were you going to do, work? john: this keeps me out. you spent much of the day there. was there -- or you just disillusioned? >> i was a little bit -- a little disheartened. people are sweet and genuine. a lot of them agree that there is a huge problem. the disconnect was they agree that the government spends too much money. they understand the have to pay the bill. they still want free stuff. now and forever. john: i can understand wanting free stuff. i'm astounded that people will say on television where mom and dad can see it. it is just so stupid and selfish. >> that last night, was blown away when he said what he's supposed to do, work? yes. that is exactly where you're supposed to do. people who put themselves through school, there were the only ones who understood that someone is not going to take care of you. you will have to work hard. you're going to
they're taking away your taxes. might as well as. >> someone else should pay for all your stuff. >> exactly. i mean, who else? forty going to do, work? john: were you going to do, work? john: this keeps me out. you spent much of the day there. was there -- or you just disillusioned? >> i was a little bit -- a little disheartened. people are sweet and genuine. a lot of them agree that there is a huge problem. the disconnect was they agree that the government spends too much...
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dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid. most of the bread. now that's just an exchange a commodity for the use of my time and my skills. serval under rothschild and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our military now to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine there was a while they lose one of us and they don't really like to lose us but it's all collateral damage. now and. the people here believe very strongly in peace we're pacifists we are anti war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see this scattered across
dollars or what's taxed that's the simplest way to. no income tax if you're paid in case. you're paid. most of the bread. now that's just an exchange a commodity for the use of my time and my skills. serval under rothschild and he is sitting there overlooking all of his sheep hanging out in front of fema camps and the i.r.s. and fellow reserve the builder birds and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones...
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the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in one thousand nine hundred eighty he's going to raise taxes on the rich although everybody on the right argues that he did so and here's the question if you blame reaganomics for that then the question then becomes what if there are two problems with that argument one is the fact that historically we've seen roughly eighteen percent of g.d.p. coming into the federal coffers we've done well it's varied between if you're talking about was i want to fight within the twentieth century has been within a year to twenty mins from softly so the key is right raising g.d.p. vs instead of focusing on tax
the tax code during that time so you have told you no it's called progressive tax code no no no what reagan did is he minimize the. number of income levels so as we see turning from say seven down to five or so i was and still you only have a very telling mostly what he did as he took that he took that well actually was l.b.j. took the ninety four percent ninety one percent out of seventy four percent to close so many loopholes the billionaires actually paid more in taxes as kennedy promised in...
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to pay off public officials to put countries in tax that debt so big they can never repay so they're forced to sell both the resources that's a trade at the end of the day it's all nothing more than economic bribery a mixed torsion some or more people that are becoming desperate actual terrorists that can be arrested in your home could be searched now but that would a warrant you complete to take indefinitely into what should these laws so i decide to destroy our liberties so when we fight back in limits operability. it's time to do night time to reach up and defend all the rights to so many people in pain it's time to be top down to create a change. it's time that we speak time to reach up and to manage world peace that we've all got to believe we've got to be chopped if we want to be free we live in a system based on profit because the us of what the environmental cost is so when this society monetary gain always comes first before people's well being now think about the theory of supply and demand everything is worth more the less of it that's on hand so if the goal is to make mon
to pay off public officials to put countries in tax that debt so big they can never repay so they're forced to sell both the resources that's a trade at the end of the day it's all nothing more than economic bribery a mixed torsion some or more people that are becoming desperate actual terrorists that can be arrested in your home could be searched now but that would a warrant you complete to take indefinitely into what should these laws so i decide to destroy our liberties so when we fight back...
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Feb 10, 2013
02/13
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there is a question about paying taxes. they pay taxes. you can tip of the social security. they really do not know who to attribute the money to because people have contributed. i think we need to do comprehensive immigration reform so it goes into the right account and that helps fuel the economy. i want the mir and the states and the federal government, although the tax dollars enough for it to be in the pocket of some unscrupulous employers do is taxing them and not sending the money on. given that he and his six legislation, we know there was an increase in the earning ability of the undocumented once they became. everybody keeps talking about innovation. let me give you a little bit of innovation. a cut above the uncertainty of the market. what we do and what the causes for the financial markets. i want everybody to think for a month but we think above the uncertainty and the 11 billion undocumented workers wake of uncertainty. i will tell thee what i think they will do. they will buy the house they have always been thinking about, but says they have been talking about
there is a question about paying taxes. they pay taxes. you can tip of the social security. they really do not know who to attribute the money to because people have contributed. i think we need to do comprehensive immigration reform so it goes into the right account and that helps fuel the economy. i want the mir and the states and the federal government, although the tax dollars enough for it to be in the pocket of some unscrupulous employers do is taxing them and not sending the money on....
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eminent domain like you said and we went to the south the bulldozers on her land which she still pays taxes for and we were both charged with trespassing on her own property what's her situation right now she just had a court date and she's going to be showing up at the action at the demonstration on the seventeenth here in d.c. but she just had a court date and you know this. basically was charged with trespassing on her own land. i mean michael if the president just point out the president fast tracked. texas there are every indication other than the rhetorical ones and even those when it comes to keystone x.l. seem to be lacking is that the president's going to approve this of the administration's going to approve this if that happens a how do you think this is going to play out and b. is it possible if they finish building this thing all the way down to texas and then they start refining oil down in texas and and exporting it out of the united states that as as you know as we move into renewables as the price of oil changes as people start getting horrified that eventually this may just
eminent domain like you said and we went to the south the bulldozers on her land which she still pays taxes for and we were both charged with trespassing on her own property what's her situation right now she just had a court date and she's going to be showing up at the action at the demonstration on the seventeenth here in d.c. but she just had a court date and you know this. basically was charged with trespassing on her own land. i mean michael if the president just point out the president...
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Feb 21, 2013
02/13
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taxes on income, they get it. it sends a message and a signal that ohio's open for business. and at the same time, we killed the death tax. the driver behind that? bill backshelder. and you know why? the heirs of our entrepreneur, the openers of these small -- owners of these small businesses shouldn't have to sell the farm and sell the small businesses to pay the death tax for their parents who built something. they should be able to pass this on to the next generation. [cheers and applause] we also created jobs ohio because the government agency that was created 50 years ago for the purpose of business development, it became antiquated and slow. you know, in the 21st century you must move at the speed of business. you cannot move at the speed of the statute. you must be out there every day understanding what the job creators are saying. and jobs ohio has allowed us to think about diversifying our economy and, in fact, we are. think about ohio when you leave ohio. you say to people, what do they do in ohio? well,
taxes on income, they get it. it sends a message and a signal that ohio's open for business. and at the same time, we killed the death tax. the driver behind that? bill backshelder. and you know why? the heirs of our entrepreneur, the openers of these small -- owners of these small businesses shouldn't have to sell the farm and sell the small businesses to pay the death tax for their parents who built something. they should be able to pass this on to the next generation. [cheers and applause]...
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pays no taxes apple pays no taxes virtually no taxes in this there's something fundamentally wrong with a company using our court systems which we all pay for so you and i are paying for apples the court system using our educated workforce you and i are paid to educate their workers using our roads you and i are paying for the roads of apple records great argument for cutting this all back this is the extremely expensive i'm making a great argument by saying if you're going to use the commons of the united states you should pay for it nickel i agree i think this is the wonderful thing that these countries are talking to one another to try to figure out a way to. work with one another to you know force companies to pay their fair share minimum share surely there be a benefit for a profitable i find it humorous that we've got to go to other countries to get their consent on rewriting our tax code that's simply what we need to do get our tax code into a fair and equal playing field first of all the realistic tax that's being paid by companies is about twenty seven percent even though thirt
pays no taxes apple pays no taxes virtually no taxes in this there's something fundamentally wrong with a company using our court systems which we all pay for so you and i are paying for apples the court system using our educated workforce you and i are paid to educate their workers using our roads you and i are paying for the roads of apple records great argument for cutting this all back this is the extremely expensive i'm making a great argument by saying if you're going to use the commons...
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Mar 1, 2013
03/13
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should they be taxed more? caller: growing up in detroit, corporations were taxed at 90%. to take this a step further, we can break this down into the ropes states. the state of texas is where the last five wars have been started. that's where oil companies are and where illegal labor is. in new york state, that's where wall street is. in connecticut, that's where the insurance companies are. i can break down this last 15 years. prior to bush getting in office, we had a balanced budget. but the state of texas with their oil and wars and nafta and their illegal immigration and than wall street with their hedge funds and derivatives and then you have jews that run the media. host: we will leave it there. on twitter -- a little bit about the mechanics, this is the washington post -- so that's about the mechanics for workers here in washington. you may be directly affected. you may live in a state that's directly affected. we're getting your input on sequestration, the deadline that takes place today sometime once it is signed into effect. in missouri, robert is on the republi
should they be taxed more? caller: growing up in detroit, corporations were taxed at 90%. to take this a step further, we can break this down into the ropes states. the state of texas is where the last five wars have been started. that's where oil companies are and where illegal labor is. in new york state, that's where wall street is. in connecticut, that's where the insurance companies are. i can break down this last 15 years. prior to bush getting in office, we had a balanced budget. but the...
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Feb 26, 2013
02/13
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KTVU
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. >> they want a package of targeted cuts and tax increases but republicans say the tax cuts should come from spending alone. >>> automatic cuts should come from furlough inspectors and that should come from bay airports. they can easily deliver and will likely divert to ports in can't do. >>> it -- canada. >>> it means they could also cause delays at the major airports. local air traffic control towers include livermore, concord and salinas. there will be delays up to 90 minutes at airports such as san francisco international. >>> president barack obama meets with two top senators to discuss the immigration laws. he will sit down with john mccain and lindsay graham. they are part of the gang of 8 working on immigration reform. >>> the snowstorm that slammed -- time now 4:34 we want to go to sal with a first look at traffic, sal? >>> good morning to you, we are doing well in many areas out there. just pardon me, we are looking apt the traffic which is moving along well and we had an earlier accident at panola road and traffic looks good but they are clearing up the roadwork and you can i
. >> they want a package of targeted cuts and tax increases but republicans say the tax cuts should come from spending alone. >>> automatic cuts should come from furlough inspectors and that should come from bay airports. they can easily deliver and will likely divert to ports in can't do. >>> it -- canada. >>> it means they could also cause delays at the major airports. local air traffic control towers include livermore, concord and salinas. there will be...
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Mar 11, 2013
03/13
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FOXNEWSW
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>> the fat tax passed the danish parliament. and they switched to cheaper food that was as unhealthy or crossed the border to shop within neighboring countries and within one year they've repealed. and so far they haven't mentioned it. they've repealed it. >> they repeal it, i think they're making a big mistake. >> john: well, they tried it for a year, they tried your dumb idea for a year and said, oh, my goodness, bad idea. >> i believe it's a great idea. >> john: other great ideas from the food police are taxes on candy or fast food. how do you-- >> you can go to mcdonald's and order a salad or a big mac. >> boats are fast foods and you can bet the lobbyists will be on the table making the rules what fast food is. >> john: illinois had a similar problem with candy tax. what exactly is candy? the bureaucrats decided this hershey bar is taxable candy, but this isn't because it contains flour. store clerks don't know what to charge. >> in ours we have flour, sugar, eggs, salt. >> john: katie's dessert won an award at the food net
>> the fat tax passed the danish parliament. and they switched to cheaper food that was as unhealthy or crossed the border to shop within neighboring countries and within one year they've repealed. and so far they haven't mentioned it. they've repealed it. >> they repeal it, i think they're making a big mistake. >> john: well, they tried it for a year, they tried your dumb idea for a year and said, oh, my goodness, bad idea. >> i believe it's a great idea. >> john:...
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Nov 30, 2013
11/13
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CSPAN
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> alan of the american enterprise institute talks about recent proposals calling for changes in the tax code. from the justice system reform with the sentencing project. of "lin ihor
> alan of the american enterprise institute talks about recent proposals calling for changes in the tax code. from the justice system reform with the sentencing project. of "lin ihor
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Apr 16, 2013
04/13
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CSPAN
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eye 74
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the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot of little things like that within our immigration system that should be tweaked and never are. >> having immigrants and america can be very valuable to our economy. >> immigrants create jobs, create businesses, pay taxes. even those that are of -- not documented, it will pay a wide range of taxes. >> your testimony was that immigration actually saved new york, stimulation of the economy. can you briefly describe how that worked? >> i cannot speak with authority on any place outside of the five boroughs of new york city. i can tell you we think we have roughly 500,000 undocument
the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot...
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in colorado with a progressive income tax and it's going to raise taxes by a billion dollars and they just did this in california two years ago that it's going to raise taxes by a billion dollars and force the state allocate forty three percent of their total budget to their schools people are saying enough already we want the schools to work and it has the support of both the teachers' union and people like bill and melinda gates who are typically so friendly to teachers unions are more typically promoting things like charter schools so. because it's also increasing funding for charter schools. thoughts on this you know thoughts on on where this is going and what it may have to do with the democratic and republican strategies you know the old you'd win in ski theory that democrats always played santa clause that you know they gave away so security they gave away free free education they get and the republicans had to figure out how to be santa clause tax cuts but you know we've kind of hit the limit of that where the republicans are going to take this anybody have any thoughts on thi
in colorado with a progressive income tax and it's going to raise taxes by a billion dollars and they just did this in california two years ago that it's going to raise taxes by a billion dollars and force the state allocate forty three percent of their total budget to their schools people are saying enough already we want the schools to work and it has the support of both the teachers' union and people like bill and melinda gates who are typically so friendly to teachers unions are more...
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Oct 11, 2013
10/13
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FBC
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corporate income tax then taxed again individually paid out in dividends. the states that go without individual taxes have preferential rates of capital investment they will not be as hurtful economically -- economically adam: is there a sliver of good lightning? >> this week governor cuomo has announced there will be a blue ribbon pin tax relief commission that is formed. my a advice is anything that is favorable could bog them ahead of new jersey. >> once this older gets their teeth i am not so sure about one surprisiig thing is texas is no longer in the top 10 places for tax climate. what did they do wrong? >> governor perry has been traveling the country to talk to mayor lint most recently did not fare very well how it is a great place for business. but they have been overtaken by indiana. they have been cutting the corporate tax rate year over year it will be a 6.5 and individual is a flat rate of 3.4% but texas still has issues in the business tax code with a distortion gross receipts margin tax it is applied all levels of business transaction so it i
corporate income tax then taxed again individually paid out in dividends. the states that go without individual taxes have preferential rates of capital investment they will not be as hurtful economically -- economically adam: is there a sliver of good lightning? >> this week governor cuomo has announced there will be a blue ribbon pin tax relief commission that is formed. my a advice is anything that is favorable could bog them ahead of new jersey. >> once this older gets their...
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Mar 24, 2013
03/13
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CSPAN2
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everybody who pays income taxes, you just increase your deductions so you're not overpaying your taxes. so really the trade-off isn't going to be do i pay this $1,000 fine for a lot of people versus saving $7,000 by not getting the insurance until i have to. it's going to be, essentially, paying zero fine and then going and saving the insurance premium that's there. $7,000 you'd save each year that you're healthy or $20,000 you'd save each year that your family's healthy is a lot of money to save. it's hard to believe that most people would pass up saving $20,000 a year for their family when i'm sure there's lots of other things they could go and spend their money on. but you could only imagine what happens if everybody decides that they want to go and save that 20,000. this program that was being set up as supposedly a way of making sure everybody's going to get insured is going to find very quickly that nobody's going to want to go and have health insurance at that point. and real problems are going to ensue because relatively quickly then, as soon as people realize that, private hea
everybody who pays income taxes, you just increase your deductions so you're not overpaying your taxes. so really the trade-off isn't going to be do i pay this $1,000 fine for a lot of people versus saving $7,000 by not getting the insurance until i have to. it's going to be, essentially, paying zero fine and then going and saving the insurance premium that's there. $7,000 you'd save each year that you're healthy or $20,000 you'd save each year that your family's healthy is a lot of money to...
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Mar 16, 2013
03/13
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CSPAN
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job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the union, we can do it anywhere. let me tell you what we're doing. personal income is rising. unemployment has declined. we have the second-highest economic growth rate in the country. we are the third best in high tech job growth. these results are real. while we have watched our largest cities struggle under decades of failed liberal policies. -- policies, we are optimistic about the future of michigan and of detroit. [applause]conservatism and common sense were the silver bullets. jennifer granholm just couldn't get -- bullets jennifer granholm just couldn't get. heededatives in michigan the call
job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the...
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Nov 9, 2013
11/13
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CSPAN2
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than the tax credit or the subsidy base. it is really a function of energy content and the amount of energy required to run the united states economy, and it simply is not the energy content available at this time in alternative fuels to displace the tremendous energy content that is still available from fossil fuel. we are displacing fossil fuel with another, as we displace coal with natural gas, but we're really talking about trying to find the right mix, and the mix will evolve over time, and the subsidies and tax credits might affect the rate of evolution, but he should not affect the overall, the evolution process. host: mike is up next in suffolk, virginia, independent caller. you are on with russell evans. go ahead. .aller: yes looking at the transportation cost, as you pointed out, there ofmore damage -- danger calamities through large calamity -- barge calamities than through pipelines. we have been studying the impact, and wea mandating what we can and what we cannot do without congressional approval. cost is morea
than the tax credit or the subsidy base. it is really a function of energy content and the amount of energy required to run the united states economy, and it simply is not the energy content available at this time in alternative fuels to displace the tremendous energy content that is still available from fossil fuel. we are displacing fossil fuel with another, as we displace coal with natural gas, but we're really talking about trying to find the right mix, and the mix will evolve over time,...
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Nov 20, 2013
11/13
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CSPAN3
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can we have a system where we equalize tax benefits, where people who are low income, above medicaid, can get access to affordable health insurance? yes. and can we do that without this big government takeover, without the government forcing you to buy the insurance they want you to buy? yeah. i don't know that we'll get that with this president, but the republican party will clearly offer a better system that actually gets at the problem, the cost of health care. the health care inflation and access to affordable care, regardless of your health condition. we've offered those before, offering some right now, and we will offer some more in the near future. >> congressman ryan, thanks very much for joining us. >> thanks so much. thanks, paul. >>> live here on capitol hill, where the senate small business committee is holding a hearing this morning on the health care exchanges for small businesses in states that opted to set up their own marketplaces. the centers for medicaid and medicare will soon announce when small businesses can start enrolling online. for coverage through the small
can we have a system where we equalize tax benefits, where people who are low income, above medicaid, can get access to affordable health insurance? yes. and can we do that without this big government takeover, without the government forcing you to buy the insurance they want you to buy? yeah. i don't know that we'll get that with this president, but the republican party will clearly offer a better system that actually gets at the problem, the cost of health care. the health care inflation and...
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Feb 5, 2013
02/13
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WTTG
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. >> i believe they should pass a smaller package of spending cuts and tax reforms that would delay the economically damaging affects of the sequester for a few more mots until congress finds a way. >> reporter: the president wants to raise more money by ending tax loopholes, but republicans want deeper entitlement cuts. >> if we're going to connect with the american people, it's important that they see not only that we're serious about solving our debt problems. >> a studdie by george mason university estimated 448,000 jobs could be affected in d.c., maryland, and virginia. for months, defense contractors have pleaded for action. >> we would hope that congress would meet their obligations to us and to the public. >> reporter: virginia congressman frank wolf wrote to the president and speaker arguing the bipartisan plan would avoid sequestration and stop its widespread affect on jobs. >> sequestration will hurt not only the defense side bow the non-defense side. my committee funds the fbi. there will probably be furloughs at the fbi. >> there will be furloughs at the national cancer ins
. >> i believe they should pass a smaller package of spending cuts and tax reforms that would delay the economically damaging affects of the sequester for a few more mots until congress finds a way. >> reporter: the president wants to raise more money by ending tax loopholes, but republicans want deeper entitlement cuts. >> if we're going to connect with the american people, it's important that they see not only that we're serious about solving our debt problems. >> a...
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there's only two reasons for a federal list on gun owners to either tax them or take them. first of all once again this is a straw man that pier is like here is throwing out there the president has never suggested a national gun registry but as i said i am and of course if there's a cost to society of adding all these guns. like with cars and a cost to maintain a system of registering like with cars then perhaps there should be a small tax to pay for it i don't hear him being all hysterical about having to pay a title transfer tax when he sells his car or gives it to his grandson friends are not a gift to you from god they're expensive devices manufactured to kill people and other living things as such they should be well regulated not taken but regulated we figured out sixty years ago that doctors can kill people so now we register them they're licensed they're insured they're regulated cars can kill people and so they're registered licensed insured regulated to not register license insure and regulate firearms is to not learn from both history and experience countries tha
there's only two reasons for a federal list on gun owners to either tax them or take them. first of all once again this is a straw man that pier is like here is throwing out there the president has never suggested a national gun registry but as i said i am and of course if there's a cost to society of adding all these guns. like with cars and a cost to maintain a system of registering like with cars then perhaps there should be a small tax to pay for it i don't hear him being all hysterical...
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Feb 20, 2013
02/13
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WUSA
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it's tax season. we're doing our taxes on our computers. make sure you purge that data after you're done with it. >> that's a good idea. >> one of those things you don't think about. >> i always fight -- i put all my passwords on paper and pen. >> that's the best way to keep things safe. >> nowadays they keep telling us change your password, make them different for every single site. that's impossible. let's be honest. >> i probably have 80 pass words. >> i don't write them down like you do anywhere so i forget and i have to start all over again. >> want your password again? okay. >> good advice. >>> is she mrs. ed? >> a horse who just hasn't let herself out of the barn. she walks around and opens the doors for all the other horses except for one. we'll tell you who. >> more on the horse and who when we return. >>> howard here with your weather first on this wednesday morning. it is a cold one out there. the winds are gusty today. they're going to be gusty all day long. look for sunshine. maybe a couple of passing clouds, especially this mo
it's tax season. we're doing our taxes on our computers. make sure you purge that data after you're done with it. >> that's a good idea. >> one of those things you don't think about. >> i always fight -- i put all my passwords on paper and pen. >> that's the best way to keep things safe. >> nowadays they keep telling us change your password, make them different for every single site. that's impossible. let's be honest. >> i probably have 80 pass words....
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Sep 24, 2013
09/13
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ALJAZAM
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a budget lays out where your tax dollars get spent. under normal circumstances the president submits a budget proposal to congress in february. based on that something called a budget resolution is drafted and deliberations between parties take place, amendments are made, committees, a final resolution is passed, wait for it, but april 15th. in fairness it often takes a lot longer than that. but it is supposed to be done well before october. if lawmakers can't pass a new resolution, typically they extend the current budget. why are we in this mess? knowing how the process has broken, president obama didn't meet his budget proposal deadlines for two years in a row. and even if he had, the republicans made it clear they would vote down any budget he did submit without even considering it. instead republicans have been proportion their own budgets put together by wisconsin representative and formal vice presidential candidate, paul ryan. like the president's budget that won't pass a gop house, the republican's budget won't get past the de
a budget lays out where your tax dollars get spent. under normal circumstances the president submits a budget proposal to congress in february. based on that something called a budget resolution is drafted and deliberations between parties take place, amendments are made, committees, a final resolution is passed, wait for it, but april 15th. in fairness it often takes a lot longer than that. but it is supposed to be done well before october. if lawmakers can't pass a new resolution, typically...
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Oct 2, 2013
10/13
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MSNBC
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but when banks consider mortgage applications, they pull tax records from the irs which is closed due to the shutdown. >> that will cause some problems and a lot of frustration. >>> now let's get the latest in sports from page hopkins. >> national league wild card reds, pie the rats. in the bottom of the second, reds third baseman todd frazier with this sweet diving save. and in the 7th, russell martin blasts this homer. 6-2. and the pittsburgh pirates finally get a taste of victory in the playoffs for the first time since 1992. they face the cardinals next. the government shutdown may have forced a cancellation of college football games involving the military academies. travel has been canceled for the army, navy and air force academies. army is scheduled to play at boston college. air force is scheduled to play at navy. >>> and guess what? hockey is back. the defending champion blackhawks kicked it off beating the washington capitals 6-4. a classic canadian match-up. the crowd is silent as he leaves the game with a concussion. he was just added to the canadi canadiens. toronto won 4
but when banks consider mortgage applications, they pull tax records from the irs which is closed due to the shutdown. >> that will cause some problems and a lot of frustration. >>> now let's get the latest in sports from page hopkins. >> national league wild card reds, pie the rats. in the bottom of the second, reds third baseman todd frazier with this sweet diving save. and in the 7th, russell martin blasts this homer. 6-2. and the pittsburgh pirates finally get a taste...
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Dec 14, 2013
12/13
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CSPAN2
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i don't know about you guys, but i don't volunteer to pay my taxes to the irs. i don't volunteer to send my money there, i have to. it's an extractive process. and what i'd like to talk to you a little bit about tonight is what i see as perhaps one of the most compelling challenges we face at what is happening in our nation's capital and increasingly our country, and that is we are increasingly moving from a free market economy, and we are approaching an extortion economy of which washington, d.c. is our nation's capital. now, what is the image that we have of people that go into politics? and there are very, very noble people that do go into politics and continue to go into politics today. i by no means adopt the opinion that they are all corrupt and they are all bad. in fact, your going to be hearing from some of them today. but what you have increasingly is, i think, a myth about what happens. and that myth is what i call the jimmy stewart myth. anybody here since the movie "mr. smith goes to washington," the old classic film? great film. jimmy stewart is sor
i don't know about you guys, but i don't volunteer to pay my taxes to the irs. i don't volunteer to send my money there, i have to. it's an extractive process. and what i'd like to talk to you a little bit about tonight is what i see as perhaps one of the most compelling challenges we face at what is happening in our nation's capital and increasingly our country, and that is we are increasingly moving from a free market economy, and we are approaching an extortion economy of which washington,...
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it's time to put in place a new wealth tax in america i propose a one hundred percent tax on all wealth over one billion dollars hopefully news busters jack coleman who seem so offended by this idea when i talk about it my radio show didn't just have his head explode but seriously if you can't get by on a thousand million dollars you probably shouldn't have access to that much money in the first place there's nobody who can't make it on a billion dollars so any wealth over a billion dollars one hundred percent of it goes to help the rest of the country have a decent life that money can live forty nine million americans out of poverty move the forty six million americans on food stamps into the middle class they will those people now moved into the middle class by the invisible hand of human instinct and need better know how to spend the money and thus generate demand and economic activity than does the billionaire class which currently has much of their excess trillions stashed in offshore bank accounts this wealth tax would also break up giant monopolies and open up the market for smal
it's time to put in place a new wealth tax in america i propose a one hundred percent tax on all wealth over one billion dollars hopefully news busters jack coleman who seem so offended by this idea when i talk about it my radio show didn't just have his head explode but seriously if you can't get by on a thousand million dollars you probably shouldn't have access to that much money in the first place there's nobody who can't make it on a billion dollars so any wealth over a billion dollars one...
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Nov 20, 2013
11/13
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CSPAN
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it raises taxes by $1 trillion. hours does it without raising taxes. i voted against the budget control act that said sequestration in motion, but it has enabled us to reduce discretionary spending for two years in a row, which has not been done since the 1950's, right after the korean war. it is not the best way to do it, but we preferred to -- and we would prefer to look at programs , but it has become percent goal of starting us on a path to get but it has -- accomplished the goal of starting us on a path to get out of debt. host: "the wall street journal" reports that if a deal is not reached between the budget committee negotiators, the house and senate conference committee, that overall discretionary spending would drop from 986 to 967 billion dollars for fiscal year 2014, with most of the cuts coming from the pentagon. culpepper, virginia. democratic caller. caller: thank you for taking my call. i wanted to ask the representative directly on the line, i believe very, very strongly that within our lifetime we will end war. i heard her say -- her
it raises taxes by $1 trillion. hours does it without raising taxes. i voted against the budget control act that said sequestration in motion, but it has enabled us to reduce discretionary spending for two years in a row, which has not been done since the 1950's, right after the korean war. it is not the best way to do it, but we preferred to -- and we would prefer to look at programs , but it has become percent goal of starting us on a path to get but it has -- accomplished the goal of...
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Mar 17, 2013
03/13
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CNNW
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$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as well as cuts in discretionary spending, moving some of them away from defense and other areas of government. the difference in the two budget, the ten-year prospect of that passed in the house of representatives is $41 trillion spending over ten years. the senate budget, which was just approved thursday night by the senate budget committee, spends $46 trillion. so you've got two differences. the senate is trying to spend more. house republicans are trying to be more efficient. >> let me ask you this, senator. president obama is trying a new strategy. he's reaching out to congress, hol
$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as...
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64
Mar 27, 2013
03/13
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FBC
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interest-rate, tax rate, profits. they are low. you know, the real market if you look at it when it peaked in march to june of 2000, it's still way down a few could the s&p. the nasdaq is probably not even half of what it was. we have a long way up to go, and i think that we will do it. it is a poor recovery, slow recovery. it will continue to plod along. housing will be ultimately the thing that leads it. lou: one of the things that i keep looking at, these markets deserve a premium compared to all the others around the world. in that think we're beginning to get the economy, stronger than all but let's say china around the world. you know -- >> praised. lou: i'm guy with all we have got. >> you're right. lou: do you think we're going to see things built here? are we on point to start getting a little stronger here economically? the fourth quarter? de think it will show or vision of war down? >> probably a little bit up. it is still a terrible number, just a terrible number. what you're looking at, the worst recovery in the u.s. h
interest-rate, tax rate, profits. they are low. you know, the real market if you look at it when it peaked in march to june of 2000, it's still way down a few could the s&p. the nasdaq is probably not even half of what it was. we have a long way up to go, and i think that we will do it. it is a poor recovery, slow recovery. it will continue to plod along. housing will be ultimately the thing that leads it. lou: one of the things that i keep looking at, these markets deserve a premium...
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and you're saying taxing education is shared only d.p. there while if you want it as a share of per capita basis as different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage basis gone down nine percent and that obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that charge such as that people will only use basic defense spending they may or may not include the cost to say this isn't what it would be so i understand what portion of it would be my point is is just this if your point is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought the levels of spending right now are not that different than they were in one thousand nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corpor
and you're saying taxing education is shared only d.p. there while if you want it as a share of per capita basis as different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage basis gone down nine percent and that obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that charge such as that people will only...